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17 August 2019: Environment ministers of Brazil, South Africa, India and China (BASIC) have issued a joint statement, calling for “scaled-up, adequate and proper” resources to enable developing countries to meet their commitments under the Paris Agreement on climate change. They stress that deliberations on a...

BEIJING, Aug. 19, 2019 -  Over 150 delegates from 40 global banks, investment firms and international organizations gathered in Beijing for the First Plenary Meeting of the Green Investment Principles for the Belt and Road (GIP), a major drive to promote environmentally responsible investments under the Belt & Road Initiative.

Launched by China Green...

MANILA, PHILIPPINES (6 August 2019) — The Asian Development Bank (ADB) and Japan’s Government Pension Investment Fund (GPIF) recently formed a partnership to support green project financing through investments in ADB’s green bonds.

“We are pleased to collaborate with GPIF on this important initiative that promotes environment-related investments in Asia...

In the context of the UNSG Climate Action Summit, Member States and financial institutions are invited to sign on to pledge to assess and monitor the climate impact and the alignment of their financial flows with the 1.5°C temperature goal of the Paris Agreement. Interested parties are invited to indicate their – even preliminary - interest in joining the pledge by 12 August 2019.

LOS ANGELES, California—The California Department of Insurance and the United Nations Environment Programme (UN Environment) have launched a yearlong effort to develop a Sustainable Insurance Roadmap to confront California’s climate risks. California Insurance Commissioner Ricardo Lara and Butch Bacani, who leads UN Environment’s Principles for Sustainable Insurance (PSI)—the...

The G7 Finance goals for Chantilly « Working for a fairer capitalism »

G7 Finance Ministers and Central Bank Governors (FMCBGs) met in Chantilly on July 17th and 18th, 2019. They reaffirmed the importance of their close cooperation to address the current and future economic and financial challenges and committed...

The African Investment Forum’s new digital platform will connect project sponsors with investment opportunities in Africa, vastly improving the quality of project information and documentation.

The Platform, as it is known, also provides an opportunity for Transaction Facilitators and Advisers to showcase their professional services to both Investors and Project...

In a short but clear statement, European economists underline that a price on polluting activities is a crucial and efficient way to reduce GHG emissions. The statement was prepared and signed by the Policy Outreach Committee (POC) of the European Association of Environmental and Resource Economists (EAERE) and was officially presented by EAERE President Carlo Carraro today during the opening ceremony of the Association’s 24th Annual Conference at the University of Manchester.

A global partnership of some of the world’s largest organizations are launching two new knowledge platforms – the Green Industry Platform and the Green Finance Platform – at the High-level Political Forum for Sustainable Development in New York. These platforms provide the financial and private sectors with the latest research, data, guidance, and tools from leading experts and institutions to help green their operations.

PRESS RELEASE - New York, 16 July 2019: Two New Platforms Offer the Latest Knowledge on Green Finance and Green Business

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Around the world, businesses of all sizes becoming more competitive by greening their input materials, end products, and operations, and new green business opportunities are emerging in both new...